2 CRR-NY 342.1NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 2. DEPARTMENT OF AUDIT AND CONTROL
CHAPTER VI. NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM AND NEW YORK STATE AND LOCAL POLICE AND FIRE RETIREMENT SYSTEM
PART 342. FILING OF OPTION ELECTIONS UNDER ARTICLE 14 OF THE RETIREMENT AND SOCIAL SECURITY LAW
2 CRR-NY 342.1
2 CRR-NY 342.1
342.1 Background.
(a) Section 514 of the Retirement and Social Security Law authorizes eligible individuals to elect to receive a retirement allowance without optional modifications, or alternatively, to elect to receive a retirement allowance under one of several retirement options provided therein. Section 514 does not detail the procedure for filing option elections, and accordingly the procedure provided in title 10 of article 2 of the Retirement and Social Security Law shall apply, pursuant to paragraph 1 of section 519 of the Retirement and Social Security Law.
(b) This Part is promulgated to outline the procedure for filing option elections under article 14 of the Retirement and Social Security Law as provided under title 10 of article 2 of the Retirement and Social Security Law.
2 CRR-NY 342.1
Current through February 28, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.